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Tax Reform for laymen: What are the main changes?

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Published on Jul 18, 2023

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What changes with the tax reform? ???? Subscribe to the CHANNEL to have more EXCLUSIVE CONTENT ???? ???? Click Here: https://bit.ly/meinscrevernocontabeis ???? ABOUT THIS VIDEO The tax reform was approved by the Chamber of Deputies on July 13, 2023 and awaits approval by the Senate. The new Brazilian tax system is based on the value added tax (VAT) model, which is a tax on the sale of goods and services. VAT is an indirect tax, which means it is charged to the end consumer but collected by the seller. VAT is a progressive tax, which means that rates are higher for luxury goods and services and lower for essential goods and services. The new tax system also provides for the creation of a single income tax for individuals and legal entities. The single income tax will be a progressive tax, with rates ranging from 10% to 50%. In this video, our expert Loberto Sasaki explains in a simplified way the pros and cons of the new taxes brought by the tax reform, for viewers who are not tax experts. In addition, he points out that the tax reform, despite being complex, is an important measure for Brazil's economic development. #TaxReform #FederalRevenue #Accounting ❤️ SHARE THIS VIDEO ???? • Tax Reform for laymen: What are the... ???? LEARN MORE ABOUT PORTAL CONTÁBEIS ???? ???? Learn more at: https://www.contabeis.com.br ???? Follow Contábeis on Instagram - /portalcontabeis

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